Prepare For Sub-8% Unemploymenthttp://www.businessinsider.com/prepare-for-sub-8-unemployment-2012-2/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Tue, 31 Mar 2015 14:37:55 -0400New Deal democrathttp://www.businessinsider.com/c/4f4b30776bb3f78c34000005JpMon, 27 Feb 2012 02:27:51 -0500http://www.businessinsider.com/c/4f4b30776bb3f78c34000005
There are better resources for unemployment data, I agree with Steve, the best place for information would probably be the U.S. Bureau of Labor Statistics. I'm guessing this lady did because her numbers match the statistics from The Census. But why use Federal statistics and facts when I'm guessing the link you posted is to some blog...? I agree the economy is not doing well, but why is it no one ever likes to use facts to support their arguements?http://www.businessinsider.com/c/4f4b1919eab8eaf433000008richardmillerzMon, 27 Feb 2012 00:48:09 -0500http://www.businessinsider.com/c/4f4b1919eab8eaf433000008
Unemployment numbers are comprised of those that are in the job market for the past 30 days. It does not include those that have not been in the job market in the last 30 days: people who have given up looking; those that have gone off unemployment because it has run out. One solution to unemployment is High Speed Universities check it outhttp://www.businessinsider.com/c/4f4af03269bedd577200003fXmanSun, 26 Feb 2012 21:53:38 -0500http://www.businessinsider.com/c/4f4af03269bedd577200003f
Or the people just out for prison...http://www.businessinsider.com/c/4f4ac8e369bedde00b000073MajorSun, 26 Feb 2012 19:05:56 -0500http://www.businessinsider.com/c/4f4ac8e369bedde00b000073
Clarification -- the chart shows the percent of employment percent that is provided by private industry (USPRIV) -- the balance remaining (to 100%) is the civilian employment provided by government.http://www.businessinsider.com/c/4f4aa843eab8ea7d39000099MajorSun, 26 Feb 2012 16:46:43 -0500http://www.businessinsider.com/c/4f4aa843eab8ea7d39000099
"YIKES"
Yes, the drop in employment is unprecedentedly steep -- and matched by correspondingly steep drops to wages (Compensation of Employees), Consumer Spending and Consumer Debt.
Yes too, Government employment is a large part of total civilian employment -- and shown as a percent of civilian employment on <a href="http://research.stlouisfed.org/fredgraph.png?g=5bK" target="_blank">http://research.stlouisfed.org/fredgraph.png?g=5bK</a>http://www.businessinsider.com/c/4f4a964f6bb3f75812000061EmSun, 26 Feb 2012 15:30:07 -0500http://www.businessinsider.com/c/4f4a964f6bb3f75812000061
Thanks for the link I think......this is the steepest drop in the "employed" during a recession ever and now it's kind of flat-lining.
I suppose the word that comes to mind is YIKES followed by a feeling of dread that many will not recover.
Do government employee have dramatic impact on the percent of employed?http://www.businessinsider.com/c/4f4a6c89eab8ea9967000028MajorSun, 26 Feb 2012 12:31:53 -0500http://www.businessinsider.com/c/4f4a6c89eab8ea9967000028
A much better indicator than "unemployment" rate of where we are in relation to "baseline" is our Labor Capacity Utilization or the percent of our entire available Civilian, Non-institutional Labor Force that we're actually utilizing.
See <a href="http://research.stlouisfed.org/fred2/series/EMRATIO" target="_blank">http://research.stlouisfed.org/fred2/series/EMRATIO</a>http://www.businessinsider.com/c/4f4a6960ecad04b81e00001aMajorSun, 26 Feb 2012 12:18:24 -0500http://www.businessinsider.com/c/4f4a6960ecad04b81e00001a
"We are becoming a nation of debt-serf burger flippers"
Yup. Confirmation of precisely that point is apparent from a quick peek at the change we're seeing in "Labor Participation Rates"-- by highest educational attainment -- See
<a href="http://research.stlouisfed.org/fredgraph.png?g=5h6" target="_blank">http://research.stlouisfed.org/fredgraph.png?g=5h6</a>
Matters aren't likely to improve materially until our Federal Reserve understands that ramping up its “printing presses” is simply NOT a functional replacement for our disappearing National Savings, our disappearing Investment and our disappearing Productive Labor.http://www.businessinsider.com/c/4f4a5ed56bb3f7913000003agaragemanSun, 26 Feb 2012 11:33:25 -0500http://www.businessinsider.com/c/4f4a5ed56bb3f7913000003a
So how do you count kids that just graduate from college, high school and never get a job?http://www.businessinsider.com/c/4f4a4df1ecad04fd76000001EmSun, 26 Feb 2012 10:21:21 -0500http://www.businessinsider.com/c/4f4a4df1ecad04fd76000001
I have been wondering about the problem of available jobs. Corporations continue to adjust with fewer employees, is there any hope that the long term unemployed will ever have access to the work force? And if this mid-teen real unemployment will continue. There has always been 3 - 4% perpetual unemployment rate.http://www.businessinsider.com/c/4f4a4c7feab8ea862a000049reaganSun, 26 Feb 2012 10:15:11 -0500http://www.businessinsider.com/c/4f4a4c7feab8ea862a000049
just type a descending .2% in the box every month and we're all fixedhttp://www.businessinsider.com/c/4f4a3f65eab8ea5c0e00004dRightLiesSun, 26 Feb 2012 09:19:17 -0500http://www.businessinsider.com/c/4f4a3f65eab8ea5c0e00004d
The GOP is f**Kedhttp://www.businessinsider.com/c/4f4a3f376bb3f75e1000002eJDcSun, 26 Feb 2012 09:18:31 -0500http://www.businessinsider.com/c/4f4a3f376bb3f75e1000002e
The Obama bootlickers will take out whatever number they have to to keep this racist Marxist retard in office . Anyone that's been in this business long enough beleives nothing coming out of the mouth of the Exalted One. You cannot arbitrarily remove millions of working age Americans from the rolls and expect your numbers to be believed. Unless your selling to a crowd who couldn't figure it out if their miserable lives depended on it, which is exactly what Obamas doing. That BI readers get it means we are not the voting bloc he wants. He's made it clear
The author should tread very carefully mimicing the lies of this administration lest his "journalistic" credibility be tarnished.http://www.businessinsider.com/c/4f4a3ad269bedd9d76000011kilroySun, 26 Feb 2012 08:59:46 -0500http://www.businessinsider.com/c/4f4a3ad269bedd9d76000011
Even crazier - prepare for the market to rally on the news.http://www.businessinsider.com/c/4f4a3a45ecad04c33c000086Maxwell GenawSun, 26 Feb 2012 08:57:25 -0500http://www.businessinsider.com/c/4f4a3a45ecad04c33c000086
Prepare for the government to take people that have been unemployed since 2007 to 2010 out of the count, who believes this S.H.I.T? ... .... .. _http://www.businessinsider.com/c/4f4a37e2eab8eaab7f00004aSteve ThompsonSun, 26 Feb 2012 08:47:14 -0500http://www.businessinsider.com/c/4f4a37e2eab8eaab7f00004a
No matter what the headline U-3 unemployment numbers and jobless claims statistics show, there is other employment data that shows that the employment situation in the United States is the worst that it has been since the end of World War II as shown here:
<a href="http://viableopposition.blogspot.com/2012/02/americas-long-term-unemployed-it-is.html" target="_blank">http://viableopposition.blogspot.com/2012/02/americas-long-term-unemployed-it-is.html</a>
If and when another recession takes hold, the elevated level of long-term unemployed will become critical.http://www.businessinsider.com/c/4f4a343e69beddfc60000039black swanSun, 26 Feb 2012 08:31:42 -0500http://www.businessinsider.com/c/4f4a343e69beddfc60000039
Spot on. The US has the lowest employment rate for working age males since the beginning of record keeping in 1948. In this winner-take-all-society, a large proportion of new jobs "created" are part-time jobs. Over over the last 11 years, approximately 6 million, full-time industrial production jobs have disappeared, along with 57,000 factories. We are becoming a nation of debt-serf burger flippers, ruled by small but powerful group of financial overlords.http://www.businessinsider.com/c/4f4a307b6bb3f7c56e00003fkilroySun, 26 Feb 2012 08:15:39 -0500http://www.businessinsider.com/c/4f4a307b6bb3f7c56e00003f
All we need is more people to give up hope of ever finding a job - then we can stop counting them as unemployed.
Yes we can.
<a href="http://gregmankiw.blogspot.com/2012/02/abbott-and-costello-explain.html" target="_blank">http://gregmankiw.blogspot.com/2012/02/abbott-and-costello-explain.html</a>